Wednesday, December 31, 2014
The lucrative Obamacare connection JEB! is trying to cut
Washington Post (blog)- The for-profit hospital chain Tenet Healthcare announced on Christmas Eve that Jeb Bush would be stepping down from its board of directors by the end of the year. Bush, who has served on the board of Tenet since 2007, is starting to cut his business ties as he explores a run for the 2016 Republican presidential nomination. And there's one obvious reason why keeping Tenet on his resume might not look so good politically: Tenet has benefited greatly from the Affordable Care Act, which much of the GOP base is still committed to repealing. Bush is giving up a lucrative board post. He earned $128,500 in cash plus $170,000 in stock last year for a total of $298,500 according to Tenet's 2013 proxy statement. Read more.
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